7 sycamore, Worcester, Massachusetts
7 sycamore, Worcester, Massachusetts 01608 - CASH COW, This property has been well kept by the same owners since for many years, now retiring , It consists of two 1 bedroom apartments and a 15 room boarding house. completely compliant with license, sprinklers and an in house manager. Owner tells me that vacancy is not a problem, if someone moves out, there is someone ready to move in. The gross rent of $108,780 includes the managers rent, which has been taken out in the expenses. This brings us to a net of $77,707.23, There is room to improve on the gross income. The income does not include coin op washer dryers.
Listing Courtesy of Real Living Barbera Associates | Worcester
“Debra was great through the entire sale process. She's extremely professional, responsive, practical and a real pleasure to work with. Highly recommend her whether you're selling, buying or both!”